Business

Trans Adriatic Pipeline gas project receives up to EUR 500 million financing
The European Bank for Reconstruction and Development (EBRD)’s board of directors has approved a loan of up to 500 million Euros for the Trans-Adriatic Pipeline (TAP) gas project at a meeting in London. ... more
Transgaz and Eustream signed an agreement on the development of Eaststring
The General Manager from the Transgaz National Gas Transport Company - Ion Sterian and Rastislav Nukovic, General Manager of Eustream, announced the signing of a memorandum of understanding regarding the development of the Eastring gas transport corridor on the two countries’ territories, according to a press release of Transgaz sent to the Bucharest Stock Exchange (BVB). ... more
RAIS opened a new manufacturing facility in Bulgaria
On May 17 2018 RAIS, a leading manufacturer of CNC machine tools and metalworking equipment, opened its new manufacturing facility on the territory of Pazardzhik. The plant occupies a total area of 3800 square meters in a new industrial area, in close proximity to the company’s current production facility. Two workshops, a showroom and an administrative building were set up with training and staff qualification halls with a total value of BGN 8,6 million. ... more
Romanian logistics park receives European funding for expansion
The logistics park CTPark, situated on the A1 Bucharest-Pitesti motorway 2 km away from the Romanian capital Bucharest, will receive a financing package of 96 million euro from the European Bank for Reconstruction and Development (EBRD) and ING Romania bank. ... more
Nevsun to invest 590 million dollars in a new copper-gold mine in Serbia
The Canadian company Nevsun Resources held a ground breaking ceremony in the Cukaru Peki zone of the Timok project in Bor, Serbia, commemorating the start of a new copper-gold mine. ... more
NIS continues with the modernization of the Pancevo Oil Refinery
The next phase of the modernization of Pancevo oil refinery in South Vojvodina, Serbia, was marked with an official ceremony at the facility site. ... more
NIS continues with the modernization of the Pancevo Oil Refinery
The next phase of the modernization of Pancevo oil refinery in South Vojvodina, Serbia, was marked with an official ceremony at the facility site. The new stage of the project, implemented by Naftna Industrija Srbije (NIS), includes the construction of a Bottom of the Barrel plant with a delayed coking technology. ... more
EBRD and EU jointly helping SMEs in Bosnia and Herzegovina
The European Bank for Reconstruction and Development (EBRD) and the EU announced that their joint two-year program, supporting the competitiveness of small and medium enterprises in Bosnia and Herzegovina, has been successfully implemented so far. During the first one and a half years of the program the two institutions have granted small businesses in the Balkan country multiple small loans amounting to a total of 15,7 million euro. Candidates in the project are expected to receive about 4 million euro ... more
A waste-oil recycling project to be implemented in Romani
The Romaian company Green Oil and Lubes SRL is to receive a loan for the development, construction and operation of a recycling plant for waste lubricant oils in the Balkan country ... more
Kosovan pharmaceutical company gets EBRD funding to build a greenfield logistics centre
The European Bank for Reconstruction and Development (EBRD) said it was providing the largest pharmaceutical distributor in Kosovo Santefarm a loan to support the company in the construction of a greenfield logistics centre. Santefarm is supplying generic and branded drugs, over-the-counter products and medical materials to more than 600 pharmacies in Kosovo. The loan granted to the company amounts to 1,5 million euro, EBRD further announced. ... more
Serbia begins work on its largest wind farm project
The largest wind farm project in Serbia and the Western Balkans to date will officially be realized after it received a EUR 215 million loan for its implementation. ... more
Albanian metal products manufacturer receives funding for expansion
Albania’s leading local manufacturer of fabricated metal products APM has received significant financing from the European Bank of Reconstruction and Development (EBRD) and the Enterprise Expansion Fund (ENEF). APM is a fully owned subsidiary of Alb-Star Sh.p.k., one of the largest private construction and engineering groups in Albania. A total of EUR 1,8 million will be provided to support the company’s expansion. ... more
Productronica will exhibit the future of electronics production
This year’s edition of the biennial leading trade fair productronica will take place at Messe Munchen from November 14-18. ... more
The debt of Serbia’s public transport company GSP to be converted in dinars
The European Bank for Reconstruction and Development (EBRD) announced it was converting the EUR 15 million debt owed by the Belgrade Transport Company GSP into local currency, Serbian dinars. ... more
Large Slovenian cement producer received a sustainability reward
Salonit Ahnovo was prized with a bronze Sustainable Energy Award by the European Bank for Reconstruction and Development. ... more

LATEST issue 3/2021

issue 3-2021

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EVENTS
New exhibition concept for EMO Hannover 2023

New exhibition concept for EMO Hannover 2023

One of the main aims of the new EMO Hannover is to turn into the key meeting point for the industry, not only during the exhibition itself, but also between ... more
WIN EURASIA implements hybrid fair model

WIN EURASIA implements hybrid fair model

Digital exhibitors will have the opportunity to host buyers and display their products in 3D with chat functions and one-to-one video calls in the virtual platform at the exhibition stands ... more
Ecomondo 2021 back to its usual format

Ecomondo 2021 back to its usual format

Organizer Italian Exhibition Group assures that visiting Rimini Exhibition Centre will be extremely safe – all those attending the events will be required to present a Green Pass, have their temperature checked and wear a face mask ... more
5th edition of Warsaw Industry Week to take place in November

5th edition of Warsaw Industry Week to take place in November

Participants will be able to see the offer of hundreds of companies operating in the field of metalworking, welding, surface treatment, 3D printing, robotics, automation, etc. ... more

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